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ALL INDIA INSTALLED CAPACITY

ALL INDIA INSTALLED CAPACITY

Sunday, June 26, 2011

Power cos seek govt help to tackle coal price hike


Private power producers, including Reliance and Tata, have sought the government intervention to tackle the possible spurt in imported coal prices, apparently making a case for increase in power tariff for consumers.
The plea of the private power utilities comes at a time when Indonesia’s—the largest coal supplier to India—mining laws are making it mandatory that coal prices be based on international market rate.
In a letter to Power Secretary P Uma Shankar, the 14-member Association of Power Producers (APP) has called for setting up of an “expert committee” to find an appropriate solution to price issues related to imported coal. Apart from Reliance Power and Tata Power, other association members include Essar Power, Adani Power, GMR Energy and Jindal Power.

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